VERIFONE SYSTEMS, INC.·4

Jan 4, 7:04 PM ET

Robson Glen 4

4 · VERIFONE SYSTEMS, INC. · Filed Jan 4, 2018

Insider Transaction Report

Form 4
Period: 2018-01-02
Robson Glen
EVP, Terminal Solutions
Transactions
  • Award

    Restricted Stock Units

    2018-01-02+28,24428,244 total
    Exercise: $0.00Common Stock, par value $0.01 per share (28,244 underlying)
  • Award

    Stock Option (Right to Buy)

    2018-01-02$17.68/sh+20,000$353,60020,000 total
    Exercise: $17.68Exp: 2025-01-02Common Stock, par value $0.01 per share (20,000 underlying)
  • Award

    Restricted Stock Units

    2018-01-02+29,48229,482 total
    Exercise: $0.00Common Stock, par value $0.01 per share (29,482 underlying)
Footnotes (3)
  • [F1]25% of these stock options will vest on the first anniversary of the grant date. Thereafter, 6.25% of these stock options will vest at the end of each subsequent three month period until these stock options have fully vested.
  • [F2]25% of these restricted stock units will vest on the first anniversary of the grant date. Thereafter, 6.25% of these restricted stock units will vest at the end of each subsequent three month period until these restricted stock units have fully vested.
  • [F3]The grant is subject to achievement of certain performance criteria prior to January 2, 2021 and will vest based on achievement of such criteria. The number of restricted stock units reported is the targeted amount to be achieved. Depending on the actual level of achievement, the reporting person may receive between 0% and 150% of such targeted amount.

Documents

1 file
  • 4
    doc4.xmlPrimary

    FORM 4 SUBMISSION